We match tenants and buyers with available office space in Malvern and the surrounding area. With a successful track record in the commercial real estate industry, we are the go-to Malvern commercial real estate broker that buyers, sellers, investors and tenants rely on for a full range of Malvern commercial real estate services.

Clients in the market for new office space in Malvern and throughout Chester County rely on the team at our Malvern commercial real estate brokerage firm to find available Malvern office space that best suits their needs. With solid expertise in Malvern commercial real estate services, we are able to assess the sale or lease terms for your new office space in Malvern to verify that they are the best fit for your commercial real estate goals.

Innovation and facility functionality in the urban core is driving design decisions in Philadelphia’s residential marketplace. The amenities and features incorporated into 1919 Market reflect these needs including “a state of the art fitness center, clubroom, demonstration kitchen, golf simulator, dramatic outdoor roof entertainment center including a fire pit and infinity pool, tech bar and work pod area, wine tasting room with available wine storage, pet wash, bike storage and more.”

1919 Market’s innovation strategy provides a premier level of sustainability and green building design and the project is in the process of obtaining LEED Gold Certification. Features incorporated into the design will reduce the buildings overall environmental impact while enhancing the overall living experience of residents and tenants alike. LEED design elements include low-flow plumbing fixtures, faucets and showers, energy star rated appliances, energy efficient lighting systems, and operable windows in apartment units. Another distinct design consideration is the green roof located atop the parking structure. The green roof will reduce the developments overall carbon footprint by improving stormwater management, reducing the urban heat island effect and improving air quality. Strategically located above the parking structure, the green roof provides a distinctive vista for the residents of 1919 Market and neighboring tenants at 1900 JFK Boulevard.

The corner of 20th and Market Streets is at the epicenter of the Market West Corridor. 1919 Market solidifies the connection of this corridor to Center City’s urban core through the seamless integration of the five story parking structure and mixed-use residential tower. This will be accomplished by incorporating the tower’s curtain wall and storefront glazing system into the parking structure’s façade. Parking will accommodate residents and be available for daily and monthly public parking.

According to LCOR President, Thomas O’Brien, “This is an exciting time in Philadelphia, especially with the reinvigoration of Market West, and we are proud to be a part of its vertical growth. With 1919 Market, we take extreme pride in helping to reduce the city’s carbon footprint by creating a building that embodies and promotes green living. The overall goal is to build a space that can enhance the quality of life for our residents and our local community.”

Units are now available for lease with move-in starting in March 2016. For more information about 1919
Market, please visit www.1919marketapts.com

Partner Engineering and Science, Inc. provides due diligence services for all stages of the real estate transaction. For more information about Partner, please visit www.partneresi.com

The vacancy rate for high-end office properties located along the Pennsylvania Turnpike and U.S. Route 202 in Malvern, PA, rose to almost 25 percent in the wake of the Great Recession, with pharmaceutical firms – including Pfizer and Endo Health Solutions – downsizing their footprints and putting large blocks on space on the market for lease.

But these same office properties in the U.S. commercial real estate market – including Malvern office space – have seen average vacancy rates decline steadily since 2011 and are down below five percent to start the second quarter of 2018 – the lowest level in more than 15 years.

This report on U.S. and Malvern commercial properties is being made through Malvern commercial real estate broker Wolf Commercial Real Estate, a Malvern commercial real estate brokerage firm focusing on Malvern office properties.

Another way to gauge the tightness of Malvern’s high-end office market is by comparing its availability rate – the percentage of office space listed as available for lease on CoStar – with availability rates in the national and Malvern commercial real estate markets. By this measure, Malvern is one of the tightest suburban office nodes throughout the entire Northeast region.

What explains the dramatic recovery in occupancies in these office properties located more than 25 miles from Philadelphia’s CBD?

For starters, recent infrastructure improvements near these national and Malvern commercial real estate properties have played a key role. In 2016, the Pennsylvania Department of Transportation completed a three-year project widening Route 202 to six lanes between Conestoga Road and Route 30. This project, combined with an earlier installation of a new interchange between the Pennsylvania Turnpike and Route 29, has made Malvern more accessible to commuters coming in from nearby areas such as Exton, King of Prussia, and Downingtown.

By locating in Malvern, office tenants looking for more value in their U.S. and Malvern commercial real estate listings also can remain close to highly-educated workers in and around the Upper Main Line, while paying lower office rents than tenants in competing suburban submarkets closer to Philadelphia.

For example, at the start of the second quarter, the average listed rent for Four and Five Star office space in Malvern was about $24 per square foot, 20 percent below listed Four and Five Star rents in King of Prussia and 30 percent below listed Four and Five Star rents in Conshohocken.

All these selling points have helped coax firms in information technology, pharmaceuticals and finance to either move into the U.S. commercial real estate market – including Malvern office space – or to expand their existing offices within the area, in recent years.

For more information about Malvern office space and other Malvern commercial properties, please call 215-799-6900 to speak with Jason Wolf (jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a leading Malvern commercial real estate broker that specializes in Malvern office space.

As experts in Malvern commercial real estate listings and services, the team at our Malvern commercial real estate brokerage firm provides ongoing detailed information about Malvern commercial properties to our clients and prospects to help them achieve their real estate goals. If you are looking for Malvern office space for sale or lease, Wolf Commercial Real Estate is the Malvern commercial real estate broker you need — a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey and Malvern commercial properties for lease or sale through our Malvern commercial real estate brokerage firm.

Real Estate Investing is all about negotiation. Sometimes even the price we set upfront for a rehab flip deal can be part of our negotiation strategy. Think about that a bit. Or perhaps you are a real estate investor looking for a few wholesale deals and keep getting your low ball offers shot down. There is a negotiation tip for that: send your offers with a letter of intent that explain or justify your low offer. It may get a Seller to reconsider their asking price or bring them to the negotiation table.

Key Takeaways:

Real Estate deals can always be closed on – when all parties see their own benefit in making it.

Always let the opposing Seller/Investor/Buyer talk first.

Do your homework before you deal or make an offer on a potential real estate investment.

“Real Estate deals can always be closed on – when all parties see their own benefit in making it.”